Payments are instantly deposited into your (Merchants) Bitcoin address account after a successful transaction. The settlement process for a payment in Brasil to vendor in Thailand follows as:
- The Merchant sends the Buyer with a Link or Checkout button to Invoice landing at CoinsBill.
- The Buyer makes a successful transaction.
- Merchants funds are instantly deposited to your bitcoin address from CoinsBill.
The bitcoin protocol itself is very secure enough, we do take security very seriously. We have tools in place to detect buyer fraud. One, being we consider more Confirmations for a to be more secure.
Quote:
Originally Posted by ilnjscb
Can you describe your settlement process, for instance for a payment in Brasil to a vendor in Thailand?
Can you give a brief description of your assurance process, and how it protects payers from fraud?
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